Michael Burry adds BYD shares after calling automaker a potential low-cost leader

[BYD EV car store and customers. Chinese electric car company] Robert Way/iStock Editorial via Getty Images Michael Burry, the investor known for predicting the 2008 housing-market crash, added shares of Chinese electric-vehicle maker BYD Company (BYDDY [https://seekingalpha.com/symbol/BYDDY]) (BYDDF [https://seekingalpha.com/symbol/BYDDF]) in a portfolio reshuffle disclosed in early October. The purchase was reported in an October 6 portfolio update on Burry’s Substack. The update also included changes to his positions in JD.com (JD [https://seekingalpha.com/symbol/JD]) and several other stocks. The number of BYD (BYDDF [https://seekingalpha.com/symbol/BYDDF]) shares purchased and the size of the position were not disclosed.